Blog Stories December 2018 Portland Real Estate Market Report

December 2018 Portland Real Estate Market Report

By Living Room Realty, December 10, 2018

November 2018 is a Neutral market*

Home For Sale in November 2018: 2376 units.
• Down 9.5% compared to last month
• Up 42.8% compared to last year

Home Closed in November 2018: 727 units.
• Down 16.4% compared to last month
• Down 15.8% compared to last year

Home Placed under Contract in November 2018: 708 units.
• Down 22.5% compared to last month
• Down 13% compared to last year

*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales

Click here for the full December 2018 Market Report!

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